IFLR1000

Canadian Tire Corporation C$985 million acquisition of Helly Hansen

3/7/2018
Private acquisition
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C$ 985 million

Completed

3/7/2018

Overview:

  • Canadian Tire Corporation acquired the Norwegian outdoor clothing and gear maker Helly Hansen for C$985 million.
  • The transaction was partially funded by the Canadian Tire Corporation's C$650 million unsecured medium term note offering.

Natasha Forrest - Researcher

Jurisdictions:

Canada
United Kingdom

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Industry sector:

Consumer goods and services

Firms:
DLA Piper

Party: Helly Hansen (Target)

Kirkland & Ellis

Party: Ontario Teachers' Pension Plan (Seller)

Norton Rose Fulbright Canada

Party: Canadian Tire Corporation Ltd (Acquirer)

Lawyers: Pierre Dagenais, Terence Dobbin, Troy Ungerman, Walied Soliman

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